EPI: The European Payments Initiative
- 4 years 2 months ago
- Payments
In July 2020, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative, by announcing the creation of the EPI Interim Company in Brussels, responsible for initiating the implementation of the joint payment initiative.
Pay by Dodo Ltd. Partners with Pannovate in Flagship Fintech Programme with the United Nations
- 4 years 2 months ago
- Payments, FinTech StartUps, IT Innovations
Driven by Regional Office for Eastern Africa of the United Nations Office on Drugs and Crime (UNODC), this historic collaboration between the private sector and UNODC; in conjunction with the Government of Mauritius has paved the way in the creation of an ethical fintech ecosystem which supports the 2030 Agenda. This pilot programme is set to meet the highest international standards of governance and serve to support the UN Sustainable... more
Ford Looks to SumUp and Mastercard to Provide SMEs with Vehicle Payment Solutions
- 4 years 2 months ago
- Payments
Today, SumUp and Mastercard are announcing their new payment services tailored for Ford commercial vehicles in Germany, France, Italy, Spain and the United Kingdom. With this new solution, small business owners that typically use commercial vehicles – including food trucks, beverage suppliers, mobile florists and other tradespeople – can accept card payments directly from their vehicles.
Lack of Easy and Seamless Investment Options a Major Concern for Potential Crypto Investors: CoinDCX Survey
- 4 years 2 months ago
- Cryptocurrencies
CoinDCX, India’s largest cryptocurrency exchange, today released a report which highlighted that 60% of the respondents earning below Rs. 5 lakh p.a. found it extremely challenging to invest in crypto owing to lack of easy and seamless options available. On the other side 68% of the respondents earning above Rs. 10 lakh p.a. cited legal and regulatory clarity as a major concern for considering investments in crypto.
The Price of Poor Payroll: New Research Reveals the Impact Poor Payroll Management is Having on UK SME Growth, Operations and Employee Engagement
- 4 years 2 months ago
- Payments
Research from IRIS Software Group (IRIS), one of the UK’s largest software companies, has found the UK’s small businesses are struggling to manage payroll for their staff during the pandemic, and it is impacting business performance. The YouGov Study revealed how nearly a third (29%) of businesses owners think managing payroll requires too much of their time. Despite a quarter (25%) agreeing that the amount of time spent managing payroll... more
Paysend Resolves 97% of Support Queries Within 24 Hours During COVID-19
- 4 years 2 months ago
- Covid-19, Payments, Money Transfers
As the world continues its race towards total digitalisation, embracing customer feedback is essential to ensure positive engagement, and to improve services by fine tuning them to customer preferences. UK-based global FinTech firm Paysend has reported that 97% of issues raised with its Customer Service team are resolved within 24 hours, despite additional pressure from the global pandemic, including remote working environments.
Copper Adds CoinFLEX Exchange to ClearLoop in Institutional Custodian First
- 4 years 2 months ago
- Cryptocurrencies
Copper.co, the London-based digital asset infrastructure provider, today announced CoinFLEX, the first physically delivered cryptocurrency futures exchange, as the latest adopter of Copper’s ClearLoop framework. Copper will be the first institutional custodian to support off-exchange settlement at CoinFLEX, an exchange which uniquely offers a range of additional crypto products including repo markets, futures spreads, one-click borrow/lending,... more
FSS to Expand Market Footprint in Saudi Arabia
- 4 years 2 months ago
- Payments
FSS (Financial Software and Systems), a global payments technology company, today announced its commitment to support the country’s banks to strengthen digital payment capabilities in the Kingdom of Saudi Arabia (KSA).
Talos’ Digital Assets Trading Platform Adds New Liquidity Providers
- 4 years 2 months ago
- Trading Systems, Liquidity, Cryptocurrencies
Talos, a technology provider for the institutional trading of digital assets, today announced that order flow from six OTC liquidity providers has been integrated into its end-to-end trading platform. These partners are: Alameda Research, B2C2, Cumberland, Galaxy Digital, Genesis, and Hehmeyer.
TransferGo Secures £4M from Silicon Valley Bank to Power Instant Payments
- 4 years 2 months ago
- Investment, Payments
TransferGo, one of the world’s fastest growing money transfer companies, today announces it has received £4m in financing from Silicon Valley Bank UK Branch (SVB), the bank of the world’s most innovative companies. This will enable the business to further develop and expand its real-time payments platform for consumers, SMEs and enterprise clients.
Liquid Exchange Lists FIO Token and Aims to Integrate FIO Protocol
- 4 years 2 months ago
- Cryptocurrencies
The Liquid Exchange has today announced that it will integrate the
Ukheshe to Acquire Oltio, Strengthens Partnership with Mastercard
Ukheshe, Africa’s leading digital fintech platform provider, today announced it has entered into an agreement to acquire Oltio. Oltio developed the digital payments platform that supports Masterpass, Mastercard’s QR payment service in South Africa and enables people to safely pay for a wide variety of purchases with their bank card by scanning a QR code with their mobile phone.
FICO UK Credit Market Report September 2020 Shows Card Spend Rise Stalling
Global analytics software provider FICO today released its analysis of UK card trends for September 2020, which shows the continuing impact of COVID-19 on household finances even while furlough and payment holidays remained in place during the month.
MiFinity Offers Post-Brexit Payment Solutions For UK & EEA
- 4 years 2 months ago
- Payments
The FCA announced on the 18th November 2020, that passporting of certain payment services for UK licenced institutions to European Economic Area (EEA) states will expire at the end the transition period on 31 December 2020.
Quppy Users Are Offered a Referral Program
- 4 years 2 months ago
- Transaction Banking, Payments
The Quppy digital financial solution is launching its first referral program. The Quppy current and new users are now provided with their unique referral links to share among their communities. The Quppy referral program works on a volume basis. Both the referrer and the referee are awarded with 15 euros right after the referee transaction volume reaches 600 euro. Every Quppy user has an unlimited number of referral initiatives.
